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REGISTERED NUMBER: 10563577 (England and Wales)















ABRIDGED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 31 MARCH 2022 TO 29 MARCH 2023

FOR

HK HORSES LIMITED

HK HORSES LIMITED (REGISTERED NUMBER: 10563577)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2022 TO 29 MARCH 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 6

HK HORSES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 31 MARCH 2022 TO 29 MARCH 2023







DIRECTORS: Mr R Howley
Ms M Kent





SECRETARY: Mrs S V W Kent





REGISTERED OFFICE: Gardeners Cottage
Ingmanthorpe
York Road
Wetherby
West Yorkshire
LS22 5EF





REGISTERED NUMBER: 10563577 (England and Wales)





ACCOUNTANTS: G L Barker & Co LLP
Chartered Certified Accountants
49 Austhorpe Road
Cross Gates
Leeds
LS15 8BA

HK HORSES LIMITED (REGISTERED NUMBER: 10563577)

ABRIDGED BALANCE SHEET
29 MARCH 2023

29.3.23 30.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 282,461 230,821

CURRENT ASSETS
Stocks 1,545,761 1,304,799
Debtors 91,124 53,155
Cash at bank and in hand 17,541 317,085
1,654,426 1,675,039
CREDITORS
Amounts falling due within one year 1,940,493 1,620,915
NET CURRENT (LIABILITIES)/ASSETS (286,067 ) 54,124
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,606

)

284,945

CREDITORS
Amounts falling due after more than one
year

22,500

32,500
NET (LIABILITIES)/ASSETS (26,106 ) 252,445

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (26,206 ) 252,345
(26,106 ) 252,445

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

HK HORSES LIMITED (REGISTERED NUMBER: 10563577)

ABRIDGED BALANCE SHEET - continued
29 MARCH 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 29 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2024 and were signed on its behalf by:





Ms M Kent - Director


HK HORSES LIMITED (REGISTERED NUMBER: 10563577)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 31 MARCH 2022 TO 29 MARCH 2023

1. STATUTORY INFORMATION

HK Horses Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods and services, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obselete and slow moving items

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 (2022 - 10 ) .

HK HORSES LIMITED (REGISTERED NUMBER: 10563577)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 31 MARCH 2022 TO 29 MARCH 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 31 March 2022 351,215
Additions 76,794
At 29 March 2023 428,009
DEPRECIATION
At 31 March 2022 120,394
Charge for period 25,154
At 29 March 2023 145,548
NET BOOK VALUE
At 29 March 2023 282,461
At 30 March 2022 230,821

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HK HORSES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of HK Horses Limited for the period ended 29 March 2023 which comprise the Profit and Loss Account, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of HK Horses Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of HK Horses Limited and state those matters that we have agreed to state to the Board of Directors of HK Horses Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that HK Horses Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of HK Horses Limited. You consider that HK Horses Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of HK Horses Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






G L Barker & Co LLP
Chartered Certified Accountants
49 Austhorpe Road
Cross Gates
Leeds
LS15 8BA


20 March 2024